Houthi attacks on Red Sea shipping wipe $2B off Suez Canal annual revenue

The Suez Canal Authority said revenue for fiscal year 2023/24 fell to $7.2 billion, down from $9.4 billion the preceding year.

Yemen

Analysis

As Gulf maritime threats persist, can EU's naval mission deter Houthis?

The European Union Naval Force mission and accomplishments reinforce commitment to becoming a significant maritime security provider. However, the absence of a clear strategy to effectively mitigate the escalating threat from Houthi rebels casts a shadow over the potential restoration of stability in the region.

By Francesco Schiavi

In Bologna, reporting on security, defense, economy, governance

As Houthis sink second vessel, shipping industry calls for Red Sea protection

A shipping salvage firm confirmed on Wednesday that the M/V Tutor, a Greek-owned, Liberian-flagged bulk carrier, had sunk after being hit by two Houthi cruise missiles on June 12. The attack killed one crew member from the Philippines.

Yemen

Suppliers of weapons parts for Yemen's Houthis hit with US sanctions

The latest US sanctions come as the Yemeni militants intensify their attacks on commercial shipping in the Red Sea and the Gulf of Aden.

Yemen

US Navy rescues 24 crew members after Houthi attack, 1 lost at sea

Two cargo ships are at risk of sinking in the Red Sea, abandoned by their crews after Houthi missile strikes triggered US airstrikes on radar sites controlled by the Yemeni rebels.

Yemen

Houthi attacks caused 90% drop in Red Sea shipping, Pentagon finds

The Pentagon’s Defense Intelligence Agency found that the attacks impacted at least 65 countries and forced at least 29 major energy and shipping companies to change their routes.

Yemen

Yemen’s Houthis arrest UN, rights workers in Sanaa

The Iran-backed Houthis have responded to dissent in Yemen with repeated arrest campaigns since the war erupted in 2014.

Yemen

US, UK launch new round of airstrikes against Yemen's Houthis

The Houthis reported the highest death toll yet of the US and UK strike campaign.

Yemen

What we know on Houthis' latest Ghadr anti-ship Iranian ballistic missile

Iran's Islamic Revolutionary Guard Corps said on Wednesday that the Yemeni militant group has obtained the technology to manufacture anti-ship ballistic missiles.

Iran

Anger, clashes in Yemen’s Aden over electricity cuts

The city, which is run by the UAE-backed Southern Transitional Council, is reeling from power cuts amid scorching temperatures.

Yemen

Cholera resurges in Yemen as Houthis warn of ‘dangerous levels’ of famine

The nine-year civil war in Yemen has created one of the world’s worst humanitarian crises.

Yemen

US seeks off-ramp for Yemen's Houthis to end Red Sea attacks

Will anything short of a Gaza cease-fire persuade Yemen’s Houthis to end their Red Sea attacks? Most analysts are doubtful.

Yemen